A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
Read More »Less Regulation Won’t Mean Reduced Compliance Work for Lenders
A report quantifying the incremental burden of financial institutions to keep up with regulation changes, revealed historically low regulatory activities in Q12018. Here’s what that means for mortgage lenders.
Read More »Are Nonbanks Susceptible to Liquidity Vulnerabilities?
Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
Read More »House Passes TRID Improvement Act
On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...
Read More »10 Banks With Most and Least CFPB Complaints
A recent report examines the Consumer Financial Protection Bureau’s consumer complaint database to see how more than 50 top banks stacked up against each other in terms of consumer satisfaction.
Read More »Why are Enforcement Actions Way Down?
Enforcement activity against financial institutions dropped to a three-year low in the third quarter, and there are several possible explanations.
Read More »SEC Authorizes Morningstar to Rate Financial Institutions
The SEC has authorized Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO), to rate financial institutions and corporate issuers under its NRSRO registration.
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